Currencies34226
Market Cap$ 4.08T-0.47%
24h Spot Volume$ 71.68B-4.07%
DominanceBTC57.57%+0.08%ETH11.27%+1.20%
ETH Gas1.05 Gwei
Cryptorank

Bitcoin Faces Pressure as Long-Term Holders Shift to Selling at $118K


by Wayne Jones
for CryptoPotato
Bitcoin Faces Pressure as Long-Term Holders Shift to Selling at $118K

Bitcoin’s recent record-setting rally has triggered a notable shift in investor behavior, with long-term holders (LTHs) now offloading their stash, marking a potential inflection point in the market.

On-chain data shows that LTHs, who typically hold Bitcoin for more than 155 days, have shed 52,000 BTC since the price reached its latest peak.

Read the article at CryptoPotato

Read More

Is Institutional Profit-Taking About to Derail Bitcoin’s Rally?

Is Institutional Profit-Taking About to Derail Bitcoin’s Rally?

As Bitcoin flirts with $120K, veteran holders are focused on profit-taking.
Market Watch: Bitcoin Steady at $119K as Altcoins Pull Back

Market Watch: Bitcoin Steady at $119K as Altcoins Pull Back

ENA is among the poorest performers today after its recent rally.

Bitcoin Faces Pressure as Long-Term Holders Shift to Selling at $118K


by Wayne Jones
for CryptoPotato
Bitcoin Faces Pressure as Long-Term Holders Shift to Selling at $118K

Bitcoin’s recent record-setting rally has triggered a notable shift in investor behavior, with long-term holders (LTHs) now offloading their stash, marking a potential inflection point in the market.

On-chain data shows that LTHs, who typically hold Bitcoin for more than 155 days, have shed 52,000 BTC since the price reached its latest peak.

Read the article at CryptoPotato

Read More

Is Institutional Profit-Taking About to Derail Bitcoin’s Rally?

Is Institutional Profit-Taking About to Derail Bitcoin’s Rally?

As Bitcoin flirts with $120K, veteran holders are focused on profit-taking.
Market Watch: Bitcoin Steady at $119K as Altcoins Pull Back

Market Watch: Bitcoin Steady at $119K as Altcoins Pull Back

ENA is among the poorest performers today after its recent rally.